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Home Prices Still Tumbling

Where Home Prices Are Falling
Jeff Haynes, Getty Images
June's S&P/Case-Shiller Home Price Index of 20 cities brings no good news to report. Phoenix, San Francisco and Miami posted the largest month over month drops, with the index down 15.9 percent year over year. There was some mildly good news for Denver and Boston, though. AOL Real Estate has a city-by-city breakdown.
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Celeb Homes on the Market

Celeb Homes on the Market
A famous singer has decided to has put her palatial Malibu home up for sale. The three-story house has six bedrooms, seven bathrooms, a theater, a gym and multiple verandas, plus a tennis court, a pool and a guest house. It can be yours for the tidy sum of $45 million. Visit AOL Real Estate to learn who owns the home and find out more about the celebrity housing market.
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It's Yours for $94,900

Buyer's Market Homes for 99K
In major cities on the coasts, you can't buy any type of home for under $100,000. But in the Midwest, you can find a wide variety of styles and ages of homes -- in addition to a cheaper cost of living and plenty of family-friendly spaces. Take this bungalow in Springfield, Ill., a ranch in Kansas City, or a colonial in Petersburg, Va., ... the list goes on and on. See what's on the market now at AOL Real Estate.


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America's Best Small Towns

10 American Dream Towns
During a recession, the high cost of living can make residing in a major metropolis very painful. As a cure, AOL Real Estate offers their list of the Top 10 'Dream Towns' where you can live in peace with financial security. Three places are in Montana, but the top spot is an East Coast city only 90 miles from New York City.
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Foreclosures Under $150,000

Foreclosures for Under $150,000
Preston Mack
In Jacksonville, Fla., the average list price for a home is $252,000. But you can find a three- or four-bedroom home in foreclosure for around $150,000. The average list price in Chicago is $362,000 (!) but there, too, are plenty of cheap bargains to be found. AOL Real Estate shows you actual listings in cities across the US.


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Where Markets Will Be in 1 Year

Housing Markets in a Year
BusinessWeek
Futures traders are betting that home prices in San Francisco will start soaring again by next year -- as much as 10.8 percent by August 2009. Traders also see prices climbing in Washington, D.C., and Chicago. The news, however, isn't so positive for Boston or Las Vegas. See the full list at AOL Real Estate.
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Housing Prices Plunging Here

NAR Data Released
Median home prices fell in more than three-fourths of U.S. cities in the second quarter, according to new data. Phoenix was hit especially hard, seeing a drop of over 22%, but the city is only No. 7 on the list. California claims four areas tanking even worse. AOL Real Estate has the numbers.
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Where Prices Are Booming

Best & Worst ZIP Codes by City
BusinessWeek
In the plush Boston suburb of Wellesley Hills, the asking price of homes increased 21% in the past year. But nearby Lynn experienced a 27% drop. AOL Real Estate and Businessweek.com looked at the largest metro areas to find which ZIPs had the most gains and worst losses over the past year. See what's going on near you.
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21st Century Ghost Towns

America's Fastest Dying Cities
Using data from 2000 to 2008, Forbes and AOL Real Estate take a look at American cities that are being pushed to the brink by a faltering economy. One state on this list of 10 cities has the unfortunate distinction of being home to four.
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It Can Be Yours for Only $43,900

Buyer's Market Homes for $50,000
Not everyone wants to live on a coast or in one of the biggest metros. And lucky for them, their real estate dollar will go a lot further. See 10 Midwest cities, from Kansas City, Mo., to Memphis, Tenn., where four-bedroom homes for well under $50,000 are the norm.
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News Makers

NewsmakersOh, how he's changed from his Jackson 5 days. The King of Pop turns 50.1 of 6

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